Details of the final and special dividends declared are provided in note 5.5.
Subsequent to 31 December 2023, the following notable event occurred:
On 21 February 2024, the Department of Water and Sanitation filed a notice to appeal the order granted by the Water Tribunal for the water use licence application relating to the discard facility expansion project at the Mafube Coal mine. Construction is planned to commence in June 2024. The expanded discard dump will only be required in the second half of 2025. The actual appeal submission is still pending. Mafube management is currently engaging with the relevant authorities to resolve the matter.
Mafube Coal mine has all the requisite licences to operate, namely:
The directors are not aware of any other significant matter or circumstance arising after the reporting period up to the date of this report, not otherwise dealt with in this report.
IR